According to Opthea's latest financial reports and stock price the company's current Operating Margin is -109,300.00%. At the end of 2022 the company had an Operating Margin of -109,300.15%.
Year | Operating Margin | Change |
---|---|---|
2022 | -109,300.15% | 49.14% |
2021 | -73,285.44% | |
2008 | -7,445.79% | -113.97% |
2007 | 53,287.46% | |
2005 | 124,387.67% | 275.14% |
2004 | 33,157.78% | |
2002 | -33,784.86% |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.